Search

The licence model clauses oblige the licensee to nominate an entity that has responsibility for organising or supervising all or any of the operations of searching or boring for or getting petroleum in pursuance of the licence, namely: 

Digital and Data Category has seen the largest growth of all the categories, The largest expansion of technologies in any sub-category is “Modelling & Analytics” has seen dramatic growth in 2022 data with multiple operator adoptions on multiple assets.

Well P&A is showing a significant increase in reported numbers of technologies in 2023, from a low base in 2020.

Digital technologies have a strong presence in Operators’ technology plans, with 23 out of the 55 Operators reporting technology targets in this category. This is also a trend that has seen constant growth since Technology Insights publication began.

A glossary of terms used on the NSTA website

Digital technologies have a strong presence in Operators’ technology plans, with 23 out of the 55 Operators reporting technology targets in this category. This is also a trend that has seen constant growth since Technology Insights publication began.